How to Run the EA on Chart

How to Run the EA on Chart

26 July 2025, 14:12
Fajar Dicky Firmansyah
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How to Run the EA on Chart

Simply attach the EA to any symbol and any timeframe. The system will automatically detect both and begin operating based on its internal logic — no manual matching needed.


Full setup instructions are available in the guide below:

https://www.mql5.com/en/blogs/post/751359

How to Backtest Correctly

Always backtest on MetaTrader 5 for accuracy. MT4 lacks modern features like "every tick based on real ticks" and only allows one symbol per test. In MT5, the EA supports multi-symbol testing and gives far better results.

Symbol Input Format

To define the symbols, edit the symbols input field. If your broker shows symbols like EURUSD.m, you should just enter EURUSD. The EA automatically detects suffixes and adjusts accordingly.

Using the EA with Other Experts

You can use this EA alongside other EAs by assigning a unique magic number in the input section. This ensures there are no trade conflicts between systems.

How to Join the Telegram Channel

 http://t.me/mqltradingfajar

Join the MQL5 Channel

MQL5 channel link

Best Set File

The EA performs well with default settings. For improved performance, you can optimize the set file to match your broker conditions. Any additional optimized set files will be published in our Telegram or MQL5 channels.

Suggesting New Inputs or Features

If you have a feature idea or need a new input, feel free to message me directly in MQL5 chat. I always welcome feedback and regularly improve the EA based on user input.

Input Overview

Below are the key input settings used in this version of the EA:

GROUP OF GENERAL INPUTS

  •  All the symbols to trade: defines which trading pairs the EA is permitted to operate on

    Determine main magic number: sets a unique numerical ID to distinguish this EA's trades from others

    Comment: optional text used to tag trades for better organization or filtering

Basics

Enter symbols: the currency pairs the EA will actively manage and trade

Magic number: the internal identifier to track this EA’s trades separately from others

Comment: custom note you can attach to each order for clearer reporting



    News control

    • High impact news filter usage: blocks trades when big market events are scheduled

      Medium impact news filter usage: prevents trades around mid-tier news releases

      Low impact news filter usage: restricts trading near lower-level economic events


          Go to MT4/MT5 and click tools>Options (or press ctrl+o) to open options of your MT4/MT5 terminal.

          Go to the "Expert Advisors" tab.

          Tick the checkbox for "Allow WebRequest for listed URL".

          Add this URL https://nfs.faireconomy.media and click OK.


    Timed closure

    Hour to close Friday, -1 for off: sets the cut-off time for closing trades before the weekend gap


    Define same order preferences
    Toggle allowing hedging: decides whether the EA can open buy and sell trades on the same symbol simultaneously


    Risk setup
    Choose lot calculation method: determines how position size is derived 

    DD close logic
    Not entering new trade when reaching this DD (%): trading halts once equity drawdown touches the set threshold
    Close open orders when equity DD reached: shuts down all trades if losses cross the defined drawdown


    Firm options
    TP-SL changer for FTMO: randomizes stop loss and take profit points to satisfy prop-firm anti-pattern checks
    Daily loss restriction in balance currency: maximum allowable daily loss before EA stops trading

    Extended settings
    Spread guard band in pips: buffer added to avoid entering trades in high-spread conditions
    Jitter amplitude around base delay: small timing variation applied to prevent repetitive execution patterns
    Toggle triple-swap avoidance: skips opening positions during Wednesday rollovers to avoid heavy swap costs